The Genius Act ripple effect: Sui executives say institutional demand has never been higher
Summary
Sui executives Stephen Mackintosh and Evan Cheng highlighted a significant increase in institutional interest in crypto, particularly after the passage of the Genius Act. Mackintosh noted 2025 as a “landmark year for institutional adoption,” citing the growth of digital asset treasury vehicles and the success of spot Bitcoin ETFs. He emphasized that despite market fluctuations, institutional demand is at an all-time high, with major firms like Citadel and Jane Street entering the space. Cheng envisions a convergence between traditional finance (TradFi) and decentralized finance (DeFi), with tokenization playing a key role, enabling immediate collateralization and borrowing. Both executives underscored Sui’s infrastructure, built by former Facebook Libra engineers, as a differentiator, offering low latency and high throughput for emerging applications like “agentic commerce” – the integration of AI and on-chain transactions.
(Source:CoinDesk)